Thu’s momentum and SO gains today push fcpo to recent high b4 succumbing to late selling. CO prices dip under $100 mark in late Asian hours.
Already a consolation for bulls as mkt recaptures 3400 mark again this week. This put fcpo within May’s uptrend trajectory. Plus, above 7SMA near 3400.
3400-3450 tug of war for a breakout next week. Unless a breakout above 3470, -ve tone amid toppish outlook.
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